Domo Named an Overall Leader in the 2022 Dresner Wisdom of Crowds® BI Market Study

Rhea-AI Summary

Domo (Nasdaq: DOMO) has received its sixth consecutive perfect recommendation score in the 2022 Dresner Wisdom of Crowds® BI Market Study, solidifying its position as an overall leader in the business intelligence sector. This report provides a comprehensive analysis of BI end-user trends, covering aspects like adoption, staffing, and technology. Domo's cloud-based platform is recognized for its speed, agility, and customer satisfaction, excelling in multiple product metrics including sales, technical support, and product robustness. The recognition further underscores Domo's commitment to empowering businesses through data.

Positive

• Achieved perfect recommendation score for sixth year.
• Ranked as overall leader in the business intelligence sector.
• Recognized for superior product measures including reliability, usability, and functionality.

Negative

• None.

Receives perfect recommendation score from customers for sixth consecutive year

SILICON SLOPES, Utah--(BUSINESS WIRE)-- Today Domo (Nasdaq: DOMO) announced it has been named an overall leader and received its sixth consecutive perfect recommendation score in the 2022 Dresner Wisdom of Crowds® BI Market Study.

In its 13th edition, Dresner’s flagship report provides a broad assessment and comprehensive analysis of BI end user trends, attitudes and intentions. The report also covers adoption and deployment, staffing, budgets, technology, success with BI and a robust industry section.

Domo’s cloud-based platform delivers on speed, agility and scale, and stands out as an overall leader in both Customer Experience and Vendor Credibility models. Domo also has key improvements across virtually all product measures and was named best in class across sales, product, technical support, consulting and integrity categories. Once again this year, Domo maintained its track record of perfect recommendation scores and is “best in class” for product robustness/sophistication of technology, completeness of functionality, reliability of technology, overall usability, ease of installation, ease of administration, customization and extensibility, and ease of upgrade/migration to new versions.

“Once again, we congratulate Domo on being named an overall leader in this year’s study,” said Howard Dresner, founder and chief research officer for Dresner Advisory Services. “This year’s study shows that the BI market remains strong and consumers are continuing to prioritize better decision-making, improved cost-cutting/efficiency and revenue goals as their top BI objectives.”

“Domo continues to focus on transforming business by putting data to work for everyone,” said John Mellor, Domo CEO. “To be ranked year after year as one of the top vendors speaks to the commitment of our entire team in innovating to help customers of all sizes leverage existing resources to reduce costs, improve efficiencies and drive better business outcomes.”

This recognition is Domo’s fourth top Dresner ranking in 2022, which includes the Dresner Self Service BI Market Study, Cloud Computing and BI Market Study and Guided Analytics Market Study.

For a copy of the Dresner Advisory Services’ 2022 Dresner Wisdom of Crowds® BI Market Study, visit here.

Dresner Advisory Services was formed by Howard Dresner, an independent analyst, author, lecturer, and business adviser. Dresner Advisory Services, LLC focuses on creating and sharing thought leadership for Business Intelligence (BI) and related areas. Wisdom of Crowds® research is based on data collected on usage and deployment trends, products, and vendors. Users in all roles and throughout all industries contributed to provide a complete view of realities, plans, and perceptions of the market.

About Domo

Domo transforms business by putting data to work for everyone. Domo’s low-code data app platform goes beyond traditional business intelligence and analytics to enable anyone to create data apps to power any action in their business, right where work gets done. With Domo’s fully integrated cloud-native platform, critical business processes can now be optimized in days instead of months or more. For more information, visit www.domo.com. You can also follow Domo on Twitter, Facebook and LinkedIn.

Domo is a registered trademark of Domo, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220607006070/en/

Cynthia Cowen

PR@domo.com

Source: Domo

FAQ

What is Domo's recent achievement in the Dresner Wisdom of Crowds BI Market Study?

Domo received its sixth consecutive perfect recommendation score and was named an overall leader.

How does Domo's platform stand out in the BI sector?

Domo's platform is noted for its speed, agility, and high customer satisfaction, excelling in multiple key product metrics.

What does the 2022 Dresner Wisdom of Crowds report cover?

The report assesses BI end-user trends, including adoption, staffing, budgets, technology, and overall vendor credibility.

Who recognized Domo as an overall leader in the BI market?

Domo was recognized by Dresner Advisory Services in their 2022 report.